CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Jun. 30, 2017	Dec. 31, 2016
Current assets:
Cash	$ 410,000	$ 108,000
Accounts receivable, net of allowance for doubtful accounts of $191 and $123, respectively	1,054,000	1,346,000
Inventories	3,969,000	3,811,000
Prepaid expenses and other current assets	189,000	79,000
Total current assets	5,622,000	5,344,000
Property and equipment, net	1,576,000	1,557,000
In-process research and development	4,620,000	4,620,000
Trademarks, trade names	1,240,000	1,240,000
Goodwill	4,658,000	4,658,000
Other assets	398,000	351,000
Total assets	18,114,000	17,770,000
Current liabilities:
Account payable and accrued expenses	3,737,000	3,306,000
Secured lines of credit and current portion of long-term debt	3,226,000	3,214,000
Notes due to employees, current portion	339,000	681,000
Advances – related party	154,000	146,000
Total current liabilities	7,456,000	7,347,000
Long-term debt, net of current portion	32,000	60,000
Notes due to employees, net of current portion	90,000	135,000
Deferred tax liability	2,205,000	2,205,000
Total liabilities	9,783,000	9,747,000
Commitments and contingencies
Stockholders’ equity :
Preferred stock, $0.001 par value; 10,000,000 shares authorized; 198,355 shares issued and outstanding (liquidation value of all classes of preferred stock $2,579 and $2,533 as of June 30, 2017 and December 31, 2016, respectively)	962,000	962,000
Common stock, $0.001 par value; 50,000,000 and 35,000,000 shares authorized, 27,658,820 and 22,421,987 shares issued and outstanding as of June 30, 2017 and December 31, 2016, respectively	28,000	23,000
Additional paid-in capital	12,090,000	9,366,000
Stock subscription	25,000	25,000
Treasury stock	(327,000)	(327,000)
Accumulated other comprehensive loss	(483,000)	(642,000)
Accumulated deficit	(3,964,000)	(1,384,000)
Total stockholders' equity	8,331,000	8,023,000
Total liabilities and stockholders' equity	$ 18,114,000	$ 17,770,000